NOT LISTED FOR SALE

1975 NE Kane Dr Unit 1985 Gresham, OR 97030

Northeast Gresham Neighborhood

Estimated Value: $441,445 - $483,000

-- Bed
2 Baths
1,560 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $235,400 $151 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,833/month

3 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Property is near a bus stop
  • RV Access or Parking
  • Storage
  • 4-minute walk to Kane Road Park

About This Home

As of March 2016

Great Duplex Close And Convenient To Mt Hood Community College, Shopping, Bus Line. With A New Roof, New Exterior Paint, Newer Interior Remodel This Duplex Is a Great Investment For Many Years To Come. Plenty Of Parking Including Space For RV Parking. Property Backs Up To The Gresham Golf Course!

Last Agent to Sell the Property

Greg Whistler

Premiere Property Group, LLC License #940700095 Listed on: 02/18/2016

Premiere Property Group, LLC

Co-Listed By

Jason Preuit

Premiere Property Group, LLC License #200408054

Last Buyer's Agent

Tony Lozzi

John L. Scott Portland Metro License #910500196

John L. Scott Portland Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 1972

Lot Details

  • 8,581

Property Views

  • Golf Course
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Paved Parking
  • RV Access or Parking

Schools

  • Hall Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number R286087

Community Details

Recreation

  • Golf Course Community

Building Details

  • Operating Expense $1,052
  • Gross Income $18,900
  • Net Operating Income $14,966

Additional Features

  • 2 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,882

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: GolfCourse, Level, OnBusline
  • Disclosures: Disclosure
  • Roof: Composition
  • View: GolfCourse,ParkGreenbelt

Garage/Parking

  • Parking Description: Paved, RVAccessParking
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Hall
  • High School: Sam Barlow
  • Middle Or Junior School: Gordon Russell

Lot Info

  • Zoning: CMF
  • Parcel #: R286087

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.43
  • Annual Gross Income: 18900.0
  • Property Net Operating Income: 14966.0
  • Annual Operating Expense: 1052.0

Tax Info

  • Tax Annual Amount: 2882.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 14, 2016
Sold by
Preuit Jason
Bought by
Featherston David C
Seller's Agent
Greg Whistler
Premiere Property Group, LLC
Buyer's Agent
Tony Lozzi
John L. Scott Portland Metro
List Price
$234,900
Sold Price
$235,400
Premium/Discount to List
$500
0.21%
Current Estimated Value
$461,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,961
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Perkins Marrita
Bought by
Preuit Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,105
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2005
Sold by
Seymour Richard A
Bought by
Perkins Marrita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,148
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Schoepper Stephanie S
Bought by
Seymour Richard A and Seymour Debora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Featherston David C $235,400 Wfg Title
Preuit Jason $235,900 Pacific Nw Title
Perkins Marrita $195,185 First American Title Insuran
Seymour Richard A $155,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preuit Jason $224,105
Previous Owner Perkins Marrita $156,148
Previous Owner Seymour Richard A $124,000
Closed Seymour Richard A $15,500
Closed Perkins Marrita $39,037
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $235,400 +0.2% $151 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $234,900 -- $151 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,641 $231,320 -- --
2023 $4,229 $224,590 $0 $0
2022 $4,110 $218,050 $0 $0
2021 $4,007 $211,700 $0 $0
2020 $3,770 $205,540 $0 $0
2019 $3,671 $199,560 $0 $0
2018 $3,501 $193,750 $0 $0
2017 $3,359 $188,110 $0 $0
2016 $2,961 $182,640 $0 $0
2015 $2,882 $177,330 $0 $0
2014 $2,753 $172,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Whistler

    Seller's Agent in 2016

    Greg Whistler

    Premiere Property Group, LLC

    (503) 936-3495

    1 in this area

    74 Total Sales

    Greg Whistler
    Section Image
  • Jason Preuit

    Seller Co-Listing Agent in 2016

    Jason Preuit

    Premiere Property Group, LLC

    (503) 984-9887

    3 in this area

    125 Total Sales

    Jason Preuit
    Section Image
  • Tony Lozzi

    Buyer's Agent in 2016

    Tony Lozzi

    John L. Scott Portland Metro

    (503) 789-7090

    1 in this area

    76 Total Sales

    Tony Lozzi
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16621567

Regional Multiple Listing Service (RMLS)

APN: R286087

Oregon Multnomah County Gresham 97030 Northeast Gresham

1975 NE Kane Dr Unit 1985, Gresham, OR

This home is located at 1975 NE Kane Dr Unit 1985, Gresham, OR 97030 since 18 February 2016 and is currently estimated at $461,361, approximately $295 per square foot. This property was built in 1972. 1975 NE Kane Dr Unit 1985 is a home located in Multnomah County with nearby schools including Hall Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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